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How to Build a Successful Procurement Strategy in 2025

ivalua

Segment Suppliers by Strategic Value and Risk Develop a tiered supplier management model that reflects the relative importance of each relationship. Map Current Procurement Processes and System Coverage Document how procurement process activities flow across sourcing, contract negotiation, purchasing, and invoicing.

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How to Build a Successful Procurement Strategy in 2025

ivalua

Segment Suppliers by Strategic Value and Risk Develop a tiered supplier management model that reflects the relative importance of each relationship. Map Current Procurement Processes and System Coverage Document how procurement process activities flow across sourcing, contract negotiation, purchasing, and invoicing.

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Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

Key Takeaways Legacy procurement processes limit scale, speed, and visibility, making it harder to manage risk, compliance, and costs. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Discover how Ivalua’s Supply Chain Collaboration solution empowers you to work more closely with suppliers, reduce risk, and build a more agile, connected supply chain. Procurement vs. Supply Chain Management: What’s the Difference?

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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time.

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Case Study: Plan Farther Ahead with DDMRP

Demand Driven Technologies

The pandemic dealt an unprecedented blow to global supply chains, with virtually all business leaders reporting disruptions to their strategic sourcing and supplier management processes. Yet some companies found ways to mitigate the impact to their operations.

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Enterprise Spend Analysis: How to Reduce Cost and Risk

ivalua

This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.